Gold and Oil Exploration

A diversified resource company dedicated to growth through discovery

Message: a good idea

Good news - From stockhouse - figtader

"Ken Kuchling, P. Eng., M.Eng. (Mining), Oromin's Vice President of Engineering, states that, "The benefits from the economic justification of the heap leaching concept will be twofold. A heap leaching operation can provide additional gold production from lower grade ores that would otherwise not meet the CIL plant cutoff grade. These lower grade ores may have been stockpiled for deferred processing at the end of the mine life but could now be moved forwards in the revenue stream via heap leaching. Additionally the presence of a heap leach plant would provide a processing option for yet undiscovered lower grade bulk mining orebodies

A heap leach operation is not prohibitively expensive to set up.
OJVG has ample resources near surface that easily lend to heap leaching.
The cost per oz should be very reasonable without a large investment.
Since this news release I have been thinking's there! monetize it cheaply and take advantage of the revenue .....stop diluting the share value you guys! Keep drilling and prove up the 10-15 m oz (or whatever) in the deposit but not at shareholder expense! The price of gold is $1400 +/- and headed higher for chrissake!"

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